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From: Julius Wong	1/2/2026 6:09:41 PM
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Bitmine Immersion's Tom Lee urges stockholders to approve increase in authorized shares Jan. 02, 2026 9:30 AM ET By: Mary Christine Joy, SA News Editor Bitmine Immersion Technologies ( BMNR) was trading higher Friday pre-market as the Ethereum ( ETH-USD) treasury company stated the reasons for its proposed increase in the number of shares of common stock authorized for issuance. Tom Lee, chairman of the board of directors, urged stockholders to approve the charter amendment to increase the number of authorized shares. Shares were +3.39% before the opening bell to $28.07. On December 8, the board declared an increase in the number of shares that the company is authorized to issue from 500M to 50B, subject to shareholders' approval at the annual meeting. The annual meeting of stockholders is scheduled for January 15, 12:00 PM Pacific Time.

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